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 Thursday, October 2 2025 12:43
Naira Badalian

Land plot in Yerevan returned to public 

Land plot in Yerevan returned to public 

ArmInfo.A land plot in the Ajapnyak district of Yerevan has been returned to the Republic of Armenia and assigned to the Ministry of Territorial Administration  and Infrastructure (MTAI). The decision was made at a government  meeting on October 2.

As stated in the explanatory note to the document, the  Anti-Corruption Court of the Republic of Armenia, by its ruling of  June 2, 2025, upheld the claim of the Prosecutor General's Office  against the Government of the Republic of Armenia, Marine Vardanyan,  and a third party, the RA Cadastre Committee, to invalidate the  purchase and sale agreement concluded on February 1, 2003, between  the Mayor of Yerevan and Marine Vardanyan, and the state registration  of the property rights based on it.

Based on a decree dated August 5, 2025, the Republic of Armenia's  ownership of a 735-square-meter land plot located on the left side of  Hovhannes Shiraz Street was registered.

It was also proposed to consider transferring the property to the  State Property Management Committee of the Ministry of Transport and  Infrastructure of Armenia.

As Prosecutor General Anna Vardapetyan explained, the lawsuit was  filed to protect state interests and is related to a criminal case  reviewed by the Anti-Corruption Committee.

As a reminder, Robert Nazaryan served as Chairman of the Public  Services Regulatory Commission of Armenia from 2003 to 2018, until  the Velvet Revolution. Prior to that, he served as Mayor of Yerevan,  Deputy Minister of Energy, and Minister of Transport and  Communications of the Republic of Armenia. In August 2020, the  Special Investigative Service reported that Nazaryan was suspected of  committing a crime under Part 2 of Article 308 (abuse of power) of  the Criminal Code of Armenia. The investigation established that,  with Nazaryan's active participation as head of the regulator,  Dzoraget Hydro LLC, affiliated with former President Serzh Sargsyan's  son-in-law, Mikael Minasyan, and the owner of a hydroelectric power  plant, was granted a tax benefit established for small hydroelectric  power plants. To this end, Nazaryan, without conducting adequate  expert research and analysis of the proposed changes, ignoring the  existing water resource potential in Armenia and, as a result, the  statistics on hydroelectric power plant construction, drafted a  corresponding resolution through the Commission's competent  department. As a result, Dzoraget Hydro was registered on the list of  small hydroelectric power plants, taking advantage of the opportunity  to sell electricity at higher and more stable rates, ultimately  receiving 7.05 billion drams from individuals and legal entities  consuming electricity in Armenia.  

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